crazypabs Posted March 13, 2018 Share Posted March 13, 2018 property tripe's lot are squealing https://www.propertytribes.com/markets-are-moving-as-they-say-all-change-t-127633505.html i can't honestly believe what I am reading in there, unless they have tonnes of trolls they must really be panicking Quote Link to comment Share on other sites More sharing options...
UnconventionalWisdom Posted March 13, 2018 Share Posted March 13, 2018 2 minutes ago, crazypabs said: property tripe's lot are squealing https://www.propertytribes.com/markets-are-moving-as-they-say-all-change-t-127633505.html i can't honestly believe what I am reading in there, unless they have tonnes of trolls they must really be panicking Great read! Sentiment is everything, hopefully the domino effect has begun. Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted March 13, 2018 Share Posted March 13, 2018 Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 13, 2018 Share Posted March 13, 2018 13 minutes ago, crazypabs said: property tripe's lot are squealing https://www.propertytribes.com/markets-are-moving-as-they-say-all-change-t-127633505.html i can't honestly believe what I am reading in there, unless they have tonnes of trolls they must really be panicking The clever ones would have been calming the waters while furiously off loading everything they had, like an elegant swan. Quote Link to comment Share on other sites More sharing options...
thewig Posted March 13, 2018 Share Posted March 13, 2018 (edited) the mkDONG is going to hodl and "ride the wave, coz I is lazy bruv!" Edited March 13, 2018 by thewig Quote Link to comment Share on other sites More sharing options...
Unmoderated Posted March 13, 2018 Share Posted March 13, 2018 Maybe the clever ones are trying to create a bit of a panic to create a fire sale to create bargains to get rich. TBF it's one guy saying how bad it all is on a thread with 5 people. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 13, 2018 Share Posted March 13, 2018 Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 13, 2018 Share Posted March 13, 2018 (edited) "Property is like a Mexican wave which rolls around a stadium" "London will come back and stand up once again when the wave comes back around" Obviously not heard of Tokyo. When a stand collapses, the people who left early always survive Edited March 13, 2018 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 13, 2018 Share Posted March 13, 2018 "My business simply could not survive normal IR and S24" There you have it, It's a business, pay your taxes. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 13, 2018 Share Posted March 13, 2018 "Prices are stagnation now we have IR rises coming its going to get worse." They must believe me now. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 13, 2018 Share Posted March 13, 2018 I feel dity reading that. They are writing all that with a straight face. They all sounds like investment gurus not shysters who've ridden the wave of low IRs, money printing, bail outs, destruction of peoples futures, mass banker theft, debt enslavement, the potential collapse of society etc etc etc. They fail to realise....if they are thinking of selling, so is everyone else. Anyone with multiple pwopatees are 18 months too late, you might get 1/2/3 but the others will bring them down. The only winners ultimately are....THE BANKERS and the LANDED ESTABLISHMENT. Quote Link to comment Share on other sites More sharing options...
Option5 Posted March 13, 2018 Share Posted March 13, 2018 We now have a thread on mice and a thread on rats, any ideas on hamsters? Quote Link to comment Share on other sites More sharing options...
hurlerontheditch Posted March 13, 2018 Share Posted March 13, 2018 I think someone is trying to pull the bottom card away from the house of cards... stand back!! Quote Link to comment Share on other sites More sharing options...
Houdini Posted March 13, 2018 Share Posted March 13, 2018 9 minutes ago, TheCountOfNowhere said: I feel dity reading that. They are writing all that with a straight face. They all sounds like investment gurus not shysters who've ridden the wave of low IRs, money printing, bail outs, destruction of peoples futures, mass banker theft, debt enslavement, the potential collapse of society etc etc etc. They fail to realise....if they are thinking of selling, so is everyone else. Anyone with multiple pwopatees are 18 months too late, you might get 1/2/3 but the others will bring them down. The only winners ultimately are....THE BANKERS and the LANDED ESTABLISHMENT. George Osbourne created a mini boom with 9 months notice to allow anyone clueful to escape. Equally prices have kept until recently at at least April 2016 prices so there is little excuse to not have escaped - its not as if things were changed overnight and you didn't get any notice. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 13, 2018 Share Posted March 13, 2018 Im looking forward to reading the trolls comments on this thread Quote Link to comment Share on other sites More sharing options...
longgone Posted March 13, 2018 Share Posted March 13, 2018 Property is like a Mexican wave which rolls around a stadium There are world waves , country waves, regional waves, city waves, estate waves, street waves Timing of these waves is difficult but eminently possible if you do triple DD and give it the time it deserves London will come back and stand up once again when the wave comes back around London is the nearest definition to property stability as one can ever expect to get in my lifetime The question is do you sit still patiently, buy a few units and wait for the next wave Or do you leave the stadium Personally I sit still buy a few units and wait for the next wave because I`m a lazy son of a b***h yeah ride the wave man ride it. Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted March 13, 2018 Share Posted March 13, 2018 i was expecting reality to finally start hitting, next year should see a large pull-back in house prices. Another 6 months and we should see a rush to sell starting, 2019 should be full of bargains. Quote Link to comment Share on other sites More sharing options...
AdamoMucci Posted March 13, 2018 Share Posted March 13, 2018 Its about 50/50 in that thread. Half are saying S24 means it unworkable, half are saying just going to have to ride the choppy waters for a while. (The more positive half sound like they have been in it longer and have adopted a more nuanced or conservative approach over many years.) All accept that there are leaner times coming. Quote Link to comment Share on other sites More sharing options...
Sugarlips Posted March 13, 2018 Share Posted March 13, 2018 39 minutes ago, Option5 said: We now have a thread on mice and a thread on rats, any ideas on hamsters? Gerbils may be more appropriate for those about to get shafted ?? https://en.m.wikipedia.org/wiki/Gerbilling Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 13, 2018 Share Posted March 13, 2018 (edited) 4 minutes ago, AdamoMucci said: Its about 50/50 in that thread. Half are saying S24 means it unworkable, half are saying just going to have to ride the choppy waters for a while. (The more positive half sound like they have been in it longer and have adopted a more nuanced or conservative approach over many years.) All accept that there are leaner times coming. Depends when you jumped on the wave. Someone pointed out they are worried about future legislation. If a party needs the votes of millions of priced out young people to keep power....guess what'll happen. If a right wing party hell bent on throwing out immigrants rises and holds the balance of power ( as predicted by me a decade a go )....guess what'll happen. The future is unpredictable but the past is there for all to see. We all know it's coming, it's taking longer than anyone could have imagined but a massive collapse on house prices is on the cards....it's never gone away. Hopefully the speculators now trying to sell up are stuck and loose it all + interest. Edited March 13, 2018 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Patient London FTB Posted March 13, 2018 Share Posted March 13, 2018 This is fun, but it would be even better if there was also a forum where overseas investors are panicking about the value of their flats. Anyone know of one? Quote Link to comment Share on other sites More sharing options...
longgone Posted March 13, 2018 Share Posted March 13, 2018 1 minute ago, AdamoMucci said: Its about 50/50 in that thread. Half are saying S24 means it unworkable, half are saying just going to have to ride the choppy waters for a while. (The more positive half sound like they have been in it longer and have adopted a more nuanced or conservative approach over many years.) All accept that there are leaner times coming. it all boils down to when they bought. plenty established LL`s would have had stock from the 90`s. they have no reason to sell. last ones in first ones out Quote Link to comment Share on other sites More sharing options...
Fence Posted March 13, 2018 Share Posted March 13, 2018 ....and then Hammond cancels s24! Quote Link to comment Share on other sites More sharing options...
AdamoMucci Posted March 13, 2018 Share Posted March 13, 2018 (edited) The people in this thread are having a smarter more nuanced discussion. https://www.propertytribes.com/three-quarters-of-landlords-will-sell-claim-t-127633419-1.html The fact that at least half the people on that site, from the two threads I have read, are feeling very negative though is massive. Edited March 13, 2018 by AdamoMucci Quote Link to comment Share on other sites More sharing options...
Dorkins Posted March 13, 2018 Share Posted March 13, 2018 My favourites on the first link are the ones who were bubble-chasing buyers on the way up but have now turned into clever contrarian investors on the way down saying that you should only sell when others are buying. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.